OP Bancorp (Open Bank)
OPBK
#7676
Rank
C$0.35 B
Marketcap
$23.99
Share price
2.14%
Change (1 day)
102.55%
Change (1 year)

Operating Margin for OP Bancorp (Open Bank) (OPBK)

Operating Margin as of November 2024 (TTM): 36.54%

According to OP Bancorp (Open Bank)'s latest financial reports and stock price the company's current Operating Margin is 36.54%. At the end of 2022 the company had an Operating Margin of 49.43%.

Operating Margin history for OP Bancorp (Open Bank) from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202249.43%-6.33%
202152.77%62.46%
202032.48%-18.05%
201939.64%2.44%
201838.69%0.97%
201738.32%16.14%
201633.00%-0.74%
201533.24%10.02%
201430.22%49.94%
201320.15%18.37%
201217.02%
2005-273.57%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
58.27% 59.47%๐Ÿ‡บ๐Ÿ‡ธ USA
38.15% 4.41%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.